Eaton Vance Tax Advantaged Global Dividend Opportunities Fund

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund operates as a non-diversified, closed-end management investment company. It engages in the investment in dividend-paying common and preferred stocks. The company was founded on April 30, 2004 and is headquartered in Boston, MA.

Eaton Vance California Municipal Income Trust

Eaton Vance Senior Floating Rate Fund

Eaton Vance Floating-Rate Income Trust

Eaton Vance Municipal Bond Fund

Eaton Vance New York Municipal Bond Fund

Eaton Vance Enhanced Equity Income Fund

Eaton Vance Enhanced Equity Income Fund II

Eaton Vance National Municipal Opportunities Trust

Eaton Vance Tax-Managed Buy-Write Income Fund

Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Risk-Managed Diversified Equity Income Fund

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance Tax-Managed Diversified Equity Income Fund

Eaton Vance

Eaton Vance Short Duration Diversified Income Fund

Eaton Vance California Municipal Bond Fund

Eaton Vance Tax-Advantaged Dividend Income Fund

Eaton Vance Limited Duration Income Fund

Eaton Vance Tax-Managed Global Diversified Equity Income Fund

BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 12/2/2024    Ex-Date – 12/12/2024    Record – 12/12/2024    Payable – 12/19/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 11/29/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.65 5.63% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.79.

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their November distributions (each a “Fund”). This press release is issued as required by the Funds' managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amo.

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

Ares Capital

BlackRock Science & Technology

Crescent Capital BDC Inc

Calamos Dynamic Convertible & Income Fund

Calamos Global Total Return Fund

Fidus Investment

Guggenheim Strategic Opportunities Fund

John Hancock Tax-Advantaged Dividend Income Fund

JPMorgan Equity Premium Income ETF

JPMorgan Nasdaq Equity Premium Income ETF

Barings Corporate Investors

PIMCO Corporate & Income Strategy Fund

PIMCO Dynamic Income Fund

John Hancock Premium Dividend Fund

PIMCO Corporate & Income Opportunity Fund

Global X NASDAQ 100 Covered Call ETF

Cohen & Steers Quality Income Realty Fund

Royce Value Trust

Global X Russell 2000 Covered Call ETF

Special Opportunities Fund Inc

Credit Suisse X-Links Crude Oil Shares Covered Call ETN

Cohen & Steers Infrastructure Fund Inc

Closed-end funds are special income vehicles, with many positive aspects and just as many weaknesses that take time to be properly understood and evaluated. I discovered their existence about ten years ago, and over time, I became convinced of their worth by developing a personal method of selection based mainly on NAV performance. This is an analytical, data-driven approach which I then extended to other types of securities in my portfolio, namely ETFs and BDCs.

My 9.5% Income Portfolio CEFs And Classic Cars

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO) offers investors a high dividend yield of 8% through a global portfolio of investments. ETO is attractively priced at the moment as it trades at a discount to NAV larger than its historical average. Global investment exposure can help diversify your portfolio away from the US markets as they hover near their all time highs.

ETO: Trades At A Historical Discount

My portfolio includes CEFs, ETFs, a few BDCs and an ETN, for whose selection I have developed over the years a criterion based mainly on NAV performance. In this article, however, I decided to focus on the price of each security in my portfolio, comparing it with the lows and highs touched throughout its history. An overview of the path each one has taken from launch to current market quotation with a personal assessment of the possible room for maneuver from those values.

My 9.5% Income Portfolio-Fifty Shades Of Blue

Eagle Point Credit

Oxford Lane Capital

Total Return is a percentage measure reflecting the total performance of a fund, incorporating both capital gains and the effect of dividends reinvested over a specific period. Net Asset Value is the value of an investment fund, determined by subtracting liabilities from assets. The fund's per-share NAV is found by dividing NAV by number of shares outstanding. A positive Total Return with a negative NAV performance creates dissonance in my opinion, whereas having both values positive gives a favorable indication of the quality of a fund.

My 9.5% Income Portfolio-The View From The Top

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund yields 8.25%, higher than major domestic or global equity indices. The fund's yield is lower than peers, but its focus on equities may provide inflation protection and better long-term returns. ETO has the ability to switch to preferred stocks, which might position it better to weather a recession than an all-equity fund.

ETO: Ability To Switch Into Preferreds Might Be Useful In A Recession

The Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a global equities-focused closed-end fund offering high total returns and current income. ETO currently pays a 6.8% distribution yield. With U.S. equity valuations stretched, I recommend investors go global for positive forward returns.

ETO: Diversify Away From Record High U.S. Equities

Doubleline Opportunistic Credit Fund

BNY Mellon High Yield Strategies Fund 

DoubleLine Income Solutions Fund

Western Asset Global High Income Fund

Gabelli Dividend & Income Trust

Western Asset High Income Fund

Barings Participation Investors

Six years ago, I wrote my first article on investing, in which I outlined the criteria that had guided me when constructing my first income portfolio. I have tried to retrace here the steps leading up to that article and then subsequent developments in creating my current portfolio. Today, I favor CEFs and ETFs that, in addition to providing regular income, show a positive NAV performance since inception, thereby demonstrating their ability to also generate value over time.

Building A 10% Income Portfolio Today

BlackRock Energy and Resources Trust

Before doing many things in life, certain prerequisites must be met. We discuss two funds that allow you to benefit from what everybody's talking about these days. I invest in the stock market to generate strong returns for my portfolio and secure my financial future.

AI? Inflation? Profit From What Everyone Talks About

After speculating earlier this year that Eaton Vance would raise its distributions on its equity CEFs, that was finally confirmed last week on April 1. The distribution increases range from 4.6% for ETV to 32.2% for EOS which gets most of the funds back up to their previous distribution levels from 2022.

Eaton Vance Raises Distributions On All Equity CEFs

Surrounded by the smoothness of the Tuscan landscape, I have always thought that the pursuit of harmony in human activities is the first step toward happiness. I also chase a balance in investments, seeking to create a portfolio whose securities provide a steady cash flow over time and grow the nominal capital invested.

My 9% Income Portfolio - Harmony In Investment

Eaton Vance has multiple equity closed-end funds with similar names, but each fund generally has subtle differences in their portfolios and underlying investment strategies. The Eaton Vance Tax-Advantaged Global Dividend Income Fund and the Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund are two funds that are rather unique.

ETG Vs. ETO: The Eaton Vance Leveraged Equity CEF Twins

The Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund provides high income and exposure to foreign companies. The fund's current yield of 6.74% is better than most equity indices, although it is considerably lower than many other closed-end funds. ETO's recent performance has slightly underperformed the S&P 500 Index but outperformed the MSCI World Index.

ETO: Maintaining Rating, But This Global CEF Is Improving

Adams Diversified Equity Fund

For those who invest for dividends, the goal is to look for securities that can guarantee sustainable dividends and distributions over time. Choices about how to deploy the income generated by those instruments are personal and depend on each investor's needs, financial means, and age.

My 9% Income Portfolio-In Search For Happiness

Total Return is the actual rate of return for an investment over a given evaluation period, typically one, three, five, or ten years. The Total NAV Return is the sum of all dividends/distributions, assuming they are reinvested, plus the change in the NAV of the fund, be it positive or negative. However, managing our portfolio is not only about applying financial rules, because it is not certain that dividends can and will always be reinvested.

My 9% Income Portfolio-Living Off Dividends

Virtus AllianzGI Diversified Income & Convertible Fund

Ares Dynamic Credit Allocation Fund

ArrowMark Financial

Central Securities

BlackRock Enhanced Capital and Income Fund

Calamos Strategic Total Return Fund

Flaherty & Crumrine Preferred Securities Income Fund Inc

Liberty All Star Equity Fund

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For 9.5% Yield (December 2023)

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund offers a 7.27% yield, which is better than many common equities but not impressive compared to fixed-income or blended closed-end funds. The fund's performance has been reasonable, with a 2.25% gain since September, but it has underperformed the S&P 500 Index and the MSCI World Index. The fund's portfolio is not well-diversified globally, with a majority of its assets invested in American issuers, and its largest positions do not consist of high-yielding dividend stocks.

ETO: Limited International Diversification, But The Fund Is Not That Bad

Blackrock Health Sciences Trust

BlackRock Science and Technology Trust II

BlackRock Utilities Infrastructure & Power Opportunities Trust

ClearBridge Energy MLP Fund Inc

European Equity Fund

Franklin Templeton Emerging Markets Fund

Sprott Focus Trust

General American Investors

Gabelli Global Small and Mid Cap Value Trust

Eagle Capital Growth Fund Inc

Gabelli Healthcare & Wellness Trust

abrdn Healthcare Investors 

abrdn Life Sciences Investors 

India Fund Inc

Morgan Stanley India Investment Fund Inc

Mexico Fund

PIMCO Energy and Tactical Credit Opportunities Fund

Income Portfolio - 38 CEFs Worth Exploring

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has underperformed the market in recent months, possibly due to the impact of high interest rates on high-yielding assets. The fund's portfolio is decent, with a relatively low allocation to the technology sector compared to other Eaton Vance funds. The fund offers a sustainable 7.40% distribution yield and is trading at an attractive valuation with a 9.59% discount to net asset value.

ETO: Underperforming Recently, But A Decent Fund

Reaves Utility Income Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

Perfection is defined as being complete and correct in every way, and can be pursued in various fields, including art and investing. For years now, I have been employing all my strength in investing in CEFs and ETFs, plus some “flirtations” with ETNs and BDCs. My portfolio is certainly not perfect, but acceptably fulfills the task for which it was designed: namely, to provide me with a steady stream of dividends over time.

My 9% Income Portfolio - Nobody Is Perfect

Lazard Global Total Return & Income Fund Inc

Lazard Global Total Return and Income Fund is a solid global equities CEF with a 7.4% forward distribution yield. LGI fund has historically earned 7.8% total returns over 5 years, enough to fund its 7.4% distribution yield. However, compared to the Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund, the ETO fund has lower fees, higher returns, and a comparable distribution yield.

LGI Vs. ETO: Which Fund Is Superior?

The Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a global equities-focused closed-end fund that offers high total returns and high current income. The ETO fund has a global stock portfolio, with 40% invested in U.S. equities, 40% in global equities, and 20% in fixed-income securities, and pays a 7.1% forward distribution yield. Despite a challenging 2022, the ETO fund is considered a solid choice for income-oriented investors due to its long-term track record of delivering total returns sufficient to fund its distribution.

ETO: Solid Global Equities Fund Yielding 7.1%

Investors are desperately in need of income today due to the rapidly-rising cost of living. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund invests in a portfolio of dividend-paying common stocks and fixed-income assets to generate a high level of income for investors. The fund outperformed the MSCI World Index over the past six- and twelve-month periods, although it has been underperforming the S&P 500 Index.

ETO: Strong Performance And Global Exposure Provide An Income Opportunity

My Income Portfolio And Return Of Capital.

My Income Portfolio And Return Of Capital

News for Eaton Vance Tax Advantaged Global Dividend Opportunities Fund ETF (ETO)